Mortgage Credit Availability Increases 1.1% to 107.1
Mortgage credit availability increased by 1.1% to 107.1, driven by a 2.7% rise in conventional loans, while government loans saw a decline of 0.8%.
Mortgage Rates Remain Stable Around 6.15% Amid Oil and Job Market Risks
30-year mortgage rates remain around 6.15% amidst a decline in employer payrolls, with markets anticipating no Federal Reserve rate cut in the near future.
Crexi Enhances Residential Rental Data Amid Algorithm Limitations
Residential rent data is increasingly valuable as legal changes affect landlord practices. Crexi partners with Dwellsy to enhance its data capabilities.
Howard Hanna NYC appoints new head of business development.
Hal Gavzie will assist agents in utilizing marketing, technology, and referral resources, enhancing their access to the extensive Howard Hanna platform.
Wendy Forsythe introduces a 6-step framework book for agents to scale sustainably.
Wendy Forsythe, eXp CMO, introduces "Leverage Your X-Factor," with all proceeds aiding the eXp Extend a Hand program, supporting agents and staff in need.
Banks Rapidly Adopt AI Yet Struggle with Strategy and Governance
A recent survey reveals that while 61% of institutions are exploring AI, only 12.2% have a strategy in place, highlighting a gap in data readiness and resourcing.
Interest Reserves: Your Cash Flow Lifeline for Land Development Loans
An interest reserve is a pre-funded portion of a private mortgage note that covers interest payments while land development produces no revenue. Learn how reserves protect developer cash flow, keep notes performing for lenders and investors, and what servicers must do to administer them correctly.
A Private Lender’s SAFE Act Compliance Story
A new private lending firm building a residential note portfolio faced SAFE Act compliance exposure it had not anticipated. By transferring loan servicing to Note Servicing Center — a fully licensed, state-compliant mortgage servicer — the firm eliminated that regulatory exposure entirely, avoided penalties, and freed its team to focus on origination and investor relations without interruption.
Pennymac TPO Introduces New Non-QM Product Suite
Discover Pennymac TPO's new non-QM product suite featuring DSCR, bank statement, asset qualifier, WVOE, and 1099 options for enhanced lending flexibility.
Plaid Adds Home Lending Report to Encompass Platform Integration
Plaid's integration of its Home Lending Report into Encompass enhances lender workflows by enabling account linking and access to two years of financial data.